Charles Schwab (SCHW) is expected to announce a deal to acquire Forge Global (FRGE), the private share marketplace, with an offer valued at as much as $600M, Financial Times’ Sujeet Indap reports. Schwab is poised to pay as much as $45 per share for Forge Global, according to two people familiar with the terms, roughly triple the price of the San Francisco-based company’s shares before the Financial Times reported that it had put itself up for sale. The price would represent a near 75% premium to Forge Global’s closing price on Wednesday.
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